4/A: Medicine Man Technologies Executive Amends Filing to Correctly Report Tax Withholding on Performance Stock Units
SEC Filing Amendment
Christine Jones, Chief Legal Officer of Medicine Man Technologies, files an amendment to a previous Form 4 to accurately reflect shares withheld for tax obligations related to vested performance stock units.
Summary
- Christine Jones, Chief Legal Officer of Medicine Man Technologies, filed an amended Form 4 with the SEC.
- The amendment corrects an error in the original filing from May 7, 2024, regarding the number of shares issued due to the vesting of performance stock units (PSUs).
- The original filing inadvertently omitted the shares withheld to cover the tax withholding obligation.
- The amended filing reports that 4,648 shares were withheld to cover the tax withholding obligation related to the PSU vesting on May 3, 2024.
- Following the transaction, Jones beneficially owns 13,360 shares of common stock.
Sentiment
Score: 7
Explanation: The document is a routine correction of a regulatory filing. It doesn't indicate any significant positive or negative developments for the company, but it does show that the company is taking steps to ensure compliance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of transaction (vesting of PSUs and withholding of shares for taxes). |
| 05/07/2024 | Date of original Form 4 filing which contained an error. |
| 05/17/2024 | Date of amended Form 4 filing. |
Keywords
Form 4, Amendment, SEC Filing, Medicine Man Technologies, SHWZ, Christine Jones, Performance Stock Units, Tax Withholding, Beneficial Ownership
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